Real Estate

Construction & Real Estate Lifestyle

GFH emerges sole bidder for Bahrain National Stadium Revamp project

Sat, 08 Aug 2026

GFH Financial Group, a leading Bahraini group with interests in asset management and real estate sectors, has emerged as the sole bidder for the development and operation of the kingdom’s iconic Bahrain National Stadium located within Shaikh Isa Sports City in North Riffa.

Construction & Real Estate

Emaar Properties H1 net profit before tax up 23% to $3.5bn

Fri, 07 Aug 2026

Emaar Properties delivered a resilient performance during the first half of 2026, with revenue up 21% to AED23.9 billion ($6.5 billion), EBITDA up 24% to AED12.9 billion ($3.5 billion), and net profit before tax up 23% to AED12.8 billion ($3.5 billion).

Construction & Real Estate

LMD completes handover of 205-unit Dubai Marina residential tower

Thu, 06 Aug 2026

LMD, an international real estate developer with major presence in the UAE, Egypt, Spain and Greece, has completed the handover of Marina Living, its 20-storey residential tower in Dubai Marina comprising 205 apartments with a mix of one- and two-bedroom apartments.

Construction & Real Estate

Sharjah's real estate transactions in July jump 62pc to $1.9bn

Thu, 06 Aug 2026

Real estate transactions in Sharjah rose 61.8% in July from previous month to AED7 billion ($1.91 billion) with the number of deals up 25% hitting 9,376, said a report. The sales transactions covered 27.2 million sq ft in July, reflecting continued activity in the emirate's property market.

Construction & Real Estate

Dar Al Majdiah in deal to develop two Makkah residential towers

Wed, 05 Aug 2026

Saudi Arabia's Dar Al Majdiah Real Estate Company has entered into a deal with Alistithmar Real Estate Fund 9 to develop two residential towers at the Masar Destination in Makkah. The entire work will be completed within a 30-month period.

Industry, Logistics & Shipping

UAE industrial sector outlook bolstered by strong demand, says JLL

Wed, 05 Aug 2026

Solid market fundamentals and healthy occupier demand are strengthening the long-term prospects of UAE’s industrial sector, said real estate expert JLL. While the rapid pace of rental growth has begun to moderate, Dubai and Abu Dhabi continue to maintain leasing momentum.

Construction & Real Estate

Hamad Mohammed Bin Saedan awards contract for prime Riyadh residences

Wed, 05 Aug 2026

Saudi-based Hamad Mohammed Bin Saedan Real Estate has announced that it has awarded the construction contract for its prime project - HS Residences 2 - in Al Arid District in Riyadh. Spanning 6,030 sqm area, it features 60 modern residential units along with key amenities.

Construction & Real Estate

Abu Dhabi luxury residential market evolving as buyer preferences shift, says expert

Tue, 04 Aug 2026

Abu Dhabi's luxury residential market is evolving as buyers place greater emphasis on long-term value, quality of design and the overall living experience, said leading developer Mered, highlighting continued activity across Abu Dhabi's established waterfront destinations.

Construction & Real Estate Industry, Logistics & Shipping

Saudi non-oil economy powers next phase of real estate growth

Mon, 03 Aug 2026

The Kingdom of Saudi Arabia remains one of the world's most active real estate development markets, supported by robust non-oil economic growth, regulatory reforms and a multi-billion-dollar pipeline of infrastructure and property developments, said a leading property expert.

Construction & Real Estate Lifestyle

Wellness should become new baseline for new luxury homes, says Dubai developer

Sun, 02 Aug 2026

Dubai’s luxury real estate developers must treat wellness as the new baseline for how homes are designed and built, as global demand grows for healthier living environments. The next phase for the industry is collaboration rather than competition, said a leading UAE developer.